Question: Using the high-low method to split mixed costs, the variable rate is found to be $3 per hour and the high point is 200 hours

Using the high-low method to split mixed costs, the variable rate is found to be $3 per hour and the high point is 200 hours at a total cost of $1,800. What is the fixed cost at 350 hours?

a) $600

b) $750

c) $1,050

d) $1,200

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